Keeneland Thoroughbred Sale Sees Slight Comeback

The Keeneland sale of 2-year-olds in training, scheduled for April 5 in Lexington, will wrap up the select juvenile selling season, which has enjoyed some modest rebounds following 2009’s major setbacks.

“I don’t know if

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The Keeneland sale of 2-year-olds in training, scheduled for April 5 in Lexington, will wrap up the select juvenile selling season, which has enjoyed some modest rebounds following 2009’s major setbacks.

"I don’t know if I would call it a recovery," said consignor Jerry Bailey, "but we’ve stopped the free fall, hopefully. Things are looking a little better."

The OBS February auction had three horses that sold for $400,000 or more apiece, bringing more money than 2009’s $340,000 sale topper. The Fasig-Tipton Florida and OBS March auctions generated increases in their average and median prices. And the Barretts March sale produced a gross that was down less than 1% from the previous year.

During the OBS March auction, the buy-back rate dropped dramatically, from 42.5% in 2009 to 27.8%, which is the lowest of any select juvenile auction so far this year

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Written by:

Deirdre Biles is the Bloodstock Sales Editor for The Blood-Horse magazine.

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